Cochin Shipyard (CSL) has awarded a contract to ABB to supply an integrated power and automation package for its two new 1,200 passenger ferries.
ABB will install its Ability System 800xA automation platform on the ferries.
The platform will be completely integrated with distribution, propulsion and power generation systems on-board the vessels.
The scope of the contract also includes the supply of an integrated alarm, monitoring and control system (IAMCS), propulsion motors and drives, power management systems and propulsion control systems.
Aeolian Spirit Shipping has inked a memorandum of agreement (MoA) to purchase Ocean Forte, a Kamsarmax dry bulk carrier vessel, from Core Forte, an indirect subsidiary of Noble Group (NGL).
Transmed Shipping has also signed the agreement as a guarantor for the performance of Aeolian Spirit Shipping.

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By GlobalDataNGL will receive a $23.79m in cash as consideration, under the terms of the agreement.
STX France has secured a contract from MSC Cruises, a cruise line operator based in Italy, to build the fifth Meraviglia-class cruise ship.
The cruise ship will feature advanced dual-fuel engines powered by LNG and is scheduled for delivery in 2013.
It will also be equipped with a next-generation wastewater treatment system and state-of-the-art environmental technologies to comply with the latest regulatory norms.
STX is also developing three more MSC Cruise ships at its Saint-Nazaire shipyard.
The Bellona Foundation, a non-governmental organisation (NGO) based in the US, has signed an agreement with cruise line operator Carnival Corporation to reduce the impact of the cruise shipping industry on the environment.
The partnership will promote the usage of eco-friendly vessels and will work towards solutions and regulations to benefit the environment.
The collaboration is intended to make the cruise industry more sustainable and emission-free.